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Why Your Business Shouldn’t Outsource Overseas

Most business owners understand the financial benefits of outsourcing their processes overseas these days. They are much the same as the monetary advantages entrepreneurs encounter when buying from suppliers based in other countries. Still, there are some excellent reasons why you should avoid following that strategy below. Read them carefully!

Outsourcing overseas takes money out of our economy

After the recent US election, the new President committed to bringing as much money back to America as possible. He is fighting a losing battle if entrepreneurs still choose to send their work abroad. Do everyone a favor and make sure you only trade within your home nation.

Outsourcing overseas takes jobs away from your friends

There is an unemployment crisis in most western countries at the moment, and it’s the fault of companies that outsource work overseas. By bringing those jobs home, you could ensure all your friends and family members never have to struggle.

Outsourcing overseas presents many quality control issues

There is no getting away from the fact that it’s often impossible to keep a close eye on quality control when the people performing essential tasks don’t live in the same country. Bear that in mind if you want to build a good reputation for supplying solutions of the highest of standards.

Now you know some of the reasons outsourcing overseas is a bad idea, you can start to alter your strategy and approach. Take a look at the infographic under this post if you still have some confusion.


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StrategyDriven Entrepreneurship Article

Outsourcing: The Hottest Thing In Business

StrategyDriven Entrepreneurship Article
Photo courtesy of Pexels

When you’re in business, it’s very hard to fall behind. So many new advances, trends, and ways of doing things pop up all of the time – meaning you hear about them pretty much as soon as they land. Some will benefit your business, others will be irrelevant, and then you’ll find the trends that stick. Because some of them will just work for your business. One of these is likely to be outsourcing. It’s nothing all that new, but as trends go, it’s certainly making waves out there in the business world right now. If you want to grow your business, improve your productivity, and generally operate well, here are some of the key areas you could consider outsourcing.

Sales

Not everyone is comfortable with the sales process, and that’s okay. When you own your own small business, or you’ve just started out, it’s highly likely that you’ll be tackling the majority of the sales process yourself. And if you’re not a natural, it can be something that you dread. So, instead of suffering, why not look at outsourcing it to an expert? With a sales consultant, their compensation is often results lead, so you’ve got nothing to lose.

Production

Then there’s the actual administering of your business operations. If you manufacture a product, why not look into outsourcing it? Even if it means you have to send cutting services to one expert, R&D to another, and packing to a specialist, if it speeds up your productivity and is cost-effective, it makes sense. Even if you provide a service, you could outsource some areas of the work to free up your time for more important things.

Marketing

As a small business or startup, do you often find yourself saying that you’ll market more, and never find the time for it? If you’ve answered yes, don’t feel guilty, you’re not the only one. When you wear different hats, and you’re just trying to get your work done, marketing and promotions often get put to the bottom of the priority list. But that’s one of the benefits of outsourcing your marketing – it gets done for you. Plus, it will be experts handling your strategy, meaning they could probably do a better job that you anyway.

Finance

If you’re not a natural when it comes to numbers, you probably hate having to deal with them. Looking at budgets and forecasts and even filing your taxes can be a lot of work. So, outsource it. You can hire an accountant to take care of the regulatory stuff and even filing your taxes. And if you really don’t want to deal with anything yourself, get an assistant in to run the day to day stuff for you too.

Administration

When you’re really busy and are trying to put all of your efforts into growing your business, you’ll probably find that you just don’t have the time to take on all of the admin that needs to get done. Or, worse, you’re spending your time and efforts on the admin and not growing your business. Either way, you need a VA. A virtual assistant can take on all of the annoying admin that you hate doing, and probably get it done a lot quicker than you could too – because they’re a pro!

4 Services You Need For Your Business To Succeed

4 Services You Need For Your Business To Succeed

4 Services You Need For Your Business To Succeed
It’s nearly 2016 and that could mean a new start for your company. Perhaps this year wasn’t as profitable as you hoped so it’s time to make some changes. If you want your business to be successful, we suggest you invest in the right services. That way you can save on costs as well as making sure your business is run more effectively. These are the services and solutions that we suggest.

Legal Advice

It’s crucial for a modern business to hire the right legal help. There are a number of different ways your business can find itself with a legal issue. It could be related to your employees. This might be to do with human resources, bullying or even an accidental injury. You’ll be thankful that you have employment law consultants at hand, ready to help.

You could find that you have a contractual dispute with a supplier. When dealing with contracts for your business, it’s best to think ahead. You need to make sure that you always have legal help whenever you are making a new deal with business partners. That way you will be completely protected. Of course, legal solutions are just one of the ways you need to protect your company.

IT Support

We imagine that a large majority of your business is dependent on online networking. If that’s the case you need to make sure that it doesn’t break down or falter. It’s difficult to do this without hiring a full IT team for your business. That’s costly so instead you should outsource this job to an IT support service. They’ll keep a check on your computer systems and ensure everything operates smoothly. This is particular beneficial if your business is using cloud-based software.

Using cloud-based software, you might be running your company from outside of an office. In fact it could be a global machine with lots of different parts. But if the server breaks, then you will almost certainly run into issues operating your business.

A Business Consultant

Business consultants come in all different forms and with various charges. You could get a marketing consultant or a customer service consultant. Either way, they are sure to boost the effectiveness of your business, offering you key advice in their specialised area. That said, the cost is troublesome. That’s why we suggest you use a person business advisor instead. These are far more cost friendly and will provide your company with great support.

A Market Agency

Lastly, any successful business owner will tell you just how important marketing is. It’s not just about getting your business noticed. It’s about making sure that your company is remembered by customers and that you are constantly making waves. The best way to do this is to hire a digital marketing agency. They’ll run promotion for your business on all major platforms, ensuring customers find and use your company.

Use these solutions and we guarantee your business will be more effective, and you will maximise your profits in the new year.

Outsource These Tasks For Business Success

Outsource These Tasks For Business Success

Success in the business world relied on many different factors. You need to supply the right products or services at the right price. You also need to place your operation in the best location possible. All company bosses have to seek suitable team members to push their business forward too. However, sometimes it’s better to outsource certain tasks rather than employ more people. We’re going to draw your attention towards some of the most commonly outsourced jobs in this post. With a bit of luck, the information will help to save money and take your business to the next level. We’ll explain the reasoning behind outsourcing each process to set the record straight.

Outsource These Tasks For Business Success
Photo courtesy of Dream4U

Customer service

Most savvy business owners outsource the customer service part of their companies these days. That is because it’s much cheaper to let dedicate firms handle the job. You simply have to provide them with lots of information about your operation. You can even hand them a script if you would like their staff to use certain language. The best thing about outsourcing customer service roles is that you can keep your team small. It would cost a fortune to employ ten people just to answer emails, letters, and telephone calls. As you will discover when you research the market, you can get other people to handle that task for much less.

Marketing

You need lots of spare time to work on the success of your company. That means you might have to attend lots of networking events and such. You might also need a couple of hours each day just to sit thinking about your next moves. It’s impossible to have that much time on your hands if you don’t outsource your marketing efforts. There are hundreds of professional firms out there who would happily deal with the matter one your behalf. Most of the people working for those companies have official qualifications in the subject. So, you just need to trust in their expertise. Again, outsourcing that job is cheaper and more efficient. You could get amazing results in only a couple of days.

SEO

The guys at www.LosAngelesSEO.org say all company bosses now understand the importance of SEO. While that might be true, many of them are still handling the process in-house. That is a terrible idea because professionals working in that field know more than you. The simplest SEO mistakes could cause a penalty and damage your online reputation. At the same time, Google changes the rules far too frequently for you to keep up. Outsourcing the SEO process should mean you appear at the top of relevant search results very quickly. You’ll have to pay a premium for the service, but anything less makes you look like an amateur.

Web development

Some people decide to employ a web designer directly. That is a great idea if your company is making a decent profit and you can afford the cost. However, outsourcing the job will help you to save money during the early stages. Don’t make the mistake of trying to design your business website without expert help. Those free site building tools advertised on the TV might look good, but they’re not. Any internet user worth their salt can spot an amateur website a mile away. You need to present the right online image, and it’s impossible to do that without a professionally designed domain. Also, most web development firms will offer maintenance deals you should consider.

Content writing

Professional writers will always create better content than other people. For that reason, you should try to find a good and reliable freelancer. The people over at www.freelance.com have helped to make that process much easier. Ask them to create the content for your website, and your marketing emails too. In fact, you could ask them to write every letter you ever send. Outsourcing writing tasks should mean you always present the best wording to your customers and clients. Also, some writers will know how to use psychology to get better results. The way in which your text is written can make a huge different to success levels.

So long as you outsource all the processes mentioned on this page, your business should grow and expand quickly. Some company bosses have an issue when it comes to letting go of the reins. However, you must understand that trusting other people with certain parts of your business is essential. The last thing you want to do is build a company that needs thousands of staff members. There is just too much risk involved when you could simply pass work to other professionals.

StrategyDriven Resource Management Article

To Outsource Is To Grow: Why It’s Good To Hand Over The Reins

One of the major problems faced by business owners all over the world is knowing when to let go. There are plenty of reasons why. As a company owner, you are used to making the decisions and there is a good chance you like to keep things under your control. As much as you like to think you are running a tight ship, if you are lending your hand to every aspect of your business, there is a very good chance you are spreading yourself thin. And at that point, it’s time to give yourself a break.

To Outsource Is To Grow: Why It's Good To Hand Over The Reins
Photo courtesy of Flazingo

You can’t do it all

You are right when you think you are the best person to lead your business, but you just can’t do everything. Delegating to a trusted employee is a perfect fit for the day-to-day running of your company. But what about those times when you have a special project or need help to explore emerging technology? Outsourcing to professional services may be the quickest and easiest way of handing these situations.

Specialist knowledge

Specialist companies will have a much deeper understanding of their industry than you can expect your employees to have. Sure, they know your business inside out but they may not know how to maximize your opportunity in particular areas. Let’s say your current in-house software system is bogging down from a recent influx of customers. In this case, IT outsourcing is likely to be better for you than leaving things to your under-pressure support team who may be challenged by their current workload.

The money

There are financial factors too, and your operational costs may be lower when outsourcing. Let’s say you want a new website designed. The investment required to find, employ, and train staff to do so often outweighs that of the one-off cost you would pay a freelancer or a small web developer company. There are offshore markets to explore too. Many highly skilled developers can be found in emerging markets such as India, where costs are far lower. Making use of modern communications technology makes it easy to share projects and get the same quality of work as you would get from your local town. And all for a lot less money.

Resources

At the end of the day, it’s all about resources: if you don’t have enough of them, you can’t possibly expect to grow. You may get a surge of new customers but if your team isn’t big enough to handle it, the influx could strike a serious blow to your business. Outsourcing at the right times and in the right areas mitigates your risk and opens up new possibilities. If you don’t free up the reins, stagnation – and possible implosion – is likely to be waiting for you at the next corner.